Chapel Street Manchester Student Accommodation

Investment Summary

Chapel Street student accommodation has 93 apartments and is located in a prime position in the heart of Manchester City offering easy access to the three universities in the area. Located within a five minute walk of the University of Salford's main campus and a ten minute bus ride of Manchester Metropolitan University and the University of Manchester, the site could not be more ideally situated.

 

Chapel Street - Investment Highlights

 

• 8% assured NET yields for 5 years• Built by an experienced student accommodation developer• Prime residential site, located within walking distance to Salford and Manchester Universities• Appointed lettings & management agencies in place• Completion in time for September 2014 intake• Low void periods in student property investments• Planning approval granted

 

University of Salford

 

In 1967 the University of Salford was established after Her Majesty the Queen handed over the Royal Charter. Traditionally, the 20,000 students and 2,500 members of staff have worked to serve the needs of industry, commerce and education. However recently, the university has moved into the new-age. Although still carrying a strong focus on industry, the university is concentrating its efforts on media and technology, with a new digital learning, teaching and research space located in the centre of MediaCityUK.

 

This technology hub is where world television centres such as the BBC and ITV reside and students are now perfectly placed to work closely with these media giants and to help shape the future of the media sector in the UK.

 

Chapel Street - About

 

Chapel Street is an area currently experiencing mass regeneration. These plans will transform the area for the benefit of existing and potential residents, businesses and visitors. The intent of the scheme is to support the regeneration of the area by creating a traffic calmed area that is more attractive to residents, businesses and investors alike.

 

£10 million of investment has already flowed into Chapel Street with a further £650 million planned to be spent over the forthcoming years. Eventually, the scheme aims to generate 11,000 jobs, 220,000 sq. m of commercial floor-space, 849 homes and 390 hotel rooms.

 

Students living in the residence will reap the benefits of the regeneration project, as both of the railway stations located near to the site will experience major investment in their entrances and facilities, allowing for ease of movement within the city of Manchester and easy access to its impressive range of theatres, museums and shopping venues.

 

Chapel Street - Unit Prices- 90 double en-suite apartments and 3 double en-suite studio apartments- Double en-suite £54,950- Double en-suite studio £69,950- Chapel Street - Payment process

 

Reservation Deposit paid on exchange of contract

Final payment will be due when construction completes

Chapel Street - CompletionIn time for September 2014 student intake.

 

Next Step?

 

For detailed information on this investment please contact us by filling out the form or calling us +44 (0)203 432 5474 We can send you:

 

  • Comprehensive Investor Report.

  • Availability, Price List, Floor Plans.

  • Details on the Guaranteed Rental.

  • If you wish to reserve online please request the reservation form.

  • Please ask us any questions you may have!

 

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